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Chinese computer giant announces restructuring, as slowdown in China deprives it of foundation it was hoping to use to compete globally.
LONDON (SHARECAST) - Thorntons said in a trading statement yesterday that sales for the 12 weeks to 27 December were down 2.3 per cent against the same period last year, and while some areas of the business did grow the overall performance of the company over the Christmas period is disappointing.
Jan. 8 (Bloomberg) -- Bank of China Ltd. fell the most in a month in Hong Kong trading after billionaire Li Ka-shing sold a $511 million stake in the nation’s third-largest lender following the end of a three-year lockup period.
Findlay parking offenders will get a reprieve from higher fines, at least until March.
Jan 8 (Reuters) - The following were the top stories in The Wall Street Journal on Thursday. Reuters has not verified these stories and does not vouch for their accuracy. * Delinquencies on mortgages for hotels, shopping malls and office buildings were sharply higher in the fourth quarter. * The chairman of Satyam Computer Services Ltd, one of India's largest technology companies said he ...
Every week without fail, sellers come to trade their meat, vegetables or animals in the dusty marketplace of Katine in north-east Uganda. Yet a closer look reveals something unusual: a series of stalls with pulped wood awnings supported by crooked tree branches. Within each there is someone in a chair receiving a haircut. More unexpected are a dozen or so mobile phones, each connected by a ...
Bleak outlooks from Intel, Alcoa and Time Warner and unnerving signs about unemployment sent stocks sharply lower Wednesday, pushing major indexes down more than 2.7%, including a 245-point tumble in the Dow Jones industrials that wiped out its 2009 gains.
WARNINGS of more severe job losses put the brakes on the New Year stock market rally yesterday as the bleak outlook for global economic growth and company earnings eclipsed a raft of stimulus packages and interest rate cuts around the world.
(AP:NEW YORK) A warning from tech giant Intel about poor business conditions and more evidence of rising unemployment left stocks with their biggest losses in a month Wednesday.
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